| Wink and foxy bingo could face sell off |
| Written by Jayne Wilson |
| Monday, 02 February 2009 15:51 |
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The online bingo operators of Foxy, Wink and Think Bingo could be forced to sell to help reduce a $1.8billion debt owed by Independent News and Media. The Irish Media firm have to pay $263 million bonds in the next two months and directors are forced into pay cuts and not receiving bonuses. The recession has lead to this latest financial crisis in the sector. Online bingo Operator headed up by Simon Collins could see the popular comapny been sold off even though the sites such as the latest giant Wink bingo and the origianl offering of Foxy bingo are generating many new players with a decent return. |
